v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense

The following table provides the required information regarding the Company’s leases for which the Company is the lessee (dollars in thousands):

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Assets

 

 

 

 

 

 

ROU assets

 

$

7,958

 

 

$

10,798

 

Liabilities

 

 

 

 

 

 

Current

 

$

2,897

 

 

$

4,642

 

Non-current

 

 

6,795

 

 

 

8,755

 

   Total lease liabilities

 

$

9,692

 

 

$

13,397

 

Weighted-average remaining lease term (years)

 

 

4.2

 

 

 

4.5

 

Weighted-average discount rate

 

 

11

%

 

 

10

%

 

Schedule of Maturity of Operating Leases

As of June 30, 2026, the maturity of operating lease liabilities are as follows (in thousands):

Year ending December 31,

 

 

 

Remainder of 2026

 

 

2,093

 

2027

 

 

3,008

 

2028

 

 

2,218

 

2029

 

 

1,950

 

2030

 

 

1,739

 

Thereafter

 

 

952

 

Total lease payments

 

 

11,960

 

Less: Interest on lease payments

 

 

(2,268

)

Present value of lease liabilities

 

$

9,692